Signage for Vehicle
connect-item
connect-item
As incurred

DRYMedic

1. Franchise Snapshot

Why this franchise?
  • This is some text inside of a div block.
  • This is some text inside of a div block.
  • This is some text inside of a div block.
Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Maintenance, Repair, & Restoration
Investment Range
$196,325 - $318,860
Total US Locations
89
Franchise Units
67
Founding Year
1971
Started Offering Franchises
1996
Management Capacity
Owner Operator
Job Count
4
Prior E2 Investors?
connect-item
Prior Visa Franchise Clients?
connect-item
Royalty Fee
6%
Marketing Fee
1%
Franchise Fee
$45,000
Headquarters (City, State)
Columbia, MD
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

Reports - Elements Webflow Library - BRIX Templates
Overview

Drymedic is a residential and commercial restoration services franchise specializing in mitigation, cleaning, deodorizing, and reconstruction of buildings and contents affected by fire, smoke, water, mold, and other types of damage. They offer a comprehensive range of restoration services including mitigation services to prevent further damage, contents cleaning and restoration, and full reconstruction services. Drymedic supports property owners and businesses by restoring damaged properties efficiently and professionally, ensuring safety and quality throughout the process.

Users - Elements Webflow Library - BRIX Templates
Management team / founders

Drymedic is operated by STOP Franchising SPE LLC, led by a dedicated management team with deep expertise in restoration services and franchise operations. The leadership includes Carlos Hesano, President, who brings years of experience managing restoration businesses, and Benjamin Gergis, Vice President of Operations, responsible for overseeing franchise integration and operational excellence. The team is committed to supporting franchisees through every stage, from initial training to ongoing operational assistance. Their focus is to ensure each franchise delivers consistent, high-quality restoration services while adhering to Drymedic’s strict brand standards.

Password - Elements Webflow Library - BRIX Templates
Focus of owner for daily business operations

As a Drymedic franchise operator, the main facets of the business entail: 1. Managing restoration projects including mitigation, cleaning, and reconstruction services for residential and commercial clients. 2. Recruiting, hiring, and training skilled technicians and restoration specialists to deliver quality service. 3. Building and maintaining strong relationships with insurance companies, adjusters, and referral partners to generate business. 4. Overseeing daily operations to ensure compliance with safety standards, brand protocols, and customer satisfaction. 5. Marketing the franchise locally to increase brand awareness and grow the client base.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
6%
6%
6%
Marketing Fee
Franchise Fee
$45,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Franchise Fee
$9,640
$3,245
Lump sum on signing Franchise Agreement
Initial Brand Fund Contribution
$9,640
$3,245
Lump sum on signing Franchise Agreement
DASH Initial Setup Fee
$9,640
$3,245
Lump sum on signing Franchise Agreement
DASH Initial Setup Fee
$9,640
$3,245
As arranged
Technology Hardware Requirements
$9,640
$3,245
As incurred
Telephone Services
$9,640
$3,245
As arranged
Internet Services
$9,640
$3,245
As arranged
Equipment and Vehicle Outfitting Fee
$9,640
$3,245
Lump sum on signing Franchise Agreement
Additional Equipment and Supplies
$9,640
$9,640
As incurred
Vehicle
$9,640
$3,245
As arranged
Travel Expenses for Initial Training
$9,640
$3,245
As incurred
Start-up Supplies
$9,640
$3,245
As incurred
Rent/Lease of Real Estate
$9,640
$3,245
As arranged
Leasehold Improvements
$9,640
$3,245
As arranged
Signage Costs
$9,640
$3,245
As incurred
Insurance
$9,640
$3,245
As arranged
Health, Safety, and Industry Certifications
$9,640
$3,245
As incurred
Professional Fees and Licensing
$9,640
$3,245
As arranged
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
2022
-1
28
27
Franchised
2023
27
27
+24
2024
27
67
+24
2022
16
16
+24
Comapany-Owned
2023
16
22
+6
2024
22
22
0
2022
34
43
+9
2023
43
65
+22
2024
65
89
+24
Total Outlets
-
-
-
-
-
-
-
-
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
-
10 Year Cumulative Defaults
-
3 Year Predicted Default Rate
-
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.